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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Nothing has fundamentally changed with NFzg
View:
Post by Dixiedee on Oct 29, 2024 6:58am

Nothing has fundamentally changed with NFzg

Nothing has fundamentally changed with NFG it still has great drill results .great location and jurisdiction,great infrastructure ( hydro ,roads..near a town o( gander and airport etc) still getting great results and discovering new zones has had success on a couple holes at depth already currently drilling more to depth with some results pending .company announced it will release its plans for moving forward in the 4th Q we have no debt and 40 million in cash .Don't let a few shorters and bashers steal your shares if you belive and have dry powder and don't have a full position then it maybe time to add or hold if you don believe then sell and move on .I happen to be a beliver in NFG
Comment by Global1966 on Oct 29, 2024 7:49am
Management have to set out a plan to monetise the asset or it will keep declining. Sad but true.
Comment by Dixiedee on Oct 29, 2024 6:42pm
Management said in the 4Q they will be addressing this I purchased more shares today near the low two reasons one the sentiment has gotten very low for this stock a good sign it has bottomed 2nd fundamentally nothing has changed in fact they have discovered more zones and proved gold to depth in atleast two drill holes .unless things change fundamentally for newfound gold I remain a beliver in ...more  
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